Tur price up in Akola as weak rains may hit sowing.
Ram Gopal Yadav (9 years ago)

Prices of tur rose in Akola, Maharashtra, as poor monsoon rains in the state may affect sowing. Lower arrivals amid improved demand for the commodity also supported prices. In Akola, tur was quoted up 50-75 rupees from previous close. Arrivals of tur in Akola were estimated at 500 bags (1 bag = 100 kg), down 200 bags from previous close.

Chana prices down in Delhi due to higher arrivals.
Ram Gopal Yadav (9 years ago)

Chana sold in benchmark market of Delhi, down 100 rupees from previous close. Arrivals in Delhi nearly doubled to 750 tonne from previous close. In the key market of Bikaner in Rajasthan, chana prices were unchanged. Demand of chana from dal millers is likely to increase going forward because of a slew of festivals in August.

India Rajshree Sugars sales decline in two of its units.
Ram Gopal Yadav (9 years ago)

The company sugar sales in Theni District unit dropped by 27.6% to 1,716 million tonne in June 2017 as against 2,373 million tonne in June 2016. The company sugar sales in its Mundiyampakkam unit nearly doubled rising by 76% to 10, 513 million tonne in June 2017 as against 5,951 million tonne in the year ago period. While, sugar sales in the company Semmedu unit decline by almost 8% to 2,363 million tonne in June 2017 from earlier 2,566 million tonne in the year ago period.

India Sugar stocks sweeten as govt hikes import duty to 50%.
Ram Gopal Yadav (9 years ago)

Shares of sugar companies were trading higher by upto 7% on BSE after the government increased import duty on sugar to 50%, up from 40%, to restrict cheap inward shipments and maintain domestic prices. In past one-week, most the sugar stocks have outperformed the market by gaining in the range of 5% to 22%, as compared to 1.8% rise in the S&P BSE Sensex.

India Govt raises import duty on sugar to 50% from 40%.
Ram Gopal Yadav (9 years ago)

The government increased the import duty on sugar to 50% from 40% with immediate effect to counter cheap imports amid abundant supply in domestic markets. The duty has been increased on the bulk imports of raw sugar, refined, or white sugar. The government did not mention an expiry date for the new duty.